That is not an answer to my questions within the context of the comment I was replying to.
> But in general, in normal competitive markets, if you have a high markup people will tend to seek\buy cheaper alternatives.
That is in fact what happens. Apple rarely dominates in market share, and they do not have dominant phone market share. I can’t recall a time where they ever did have dominant phone market share.
> But in general, in normal competitive markets, if you have a high markup people will tend to seek\buy cheaper alternatives.
That is in fact what happens. Apple rarely dominates in market share, and they do not have dominant phone market share. I can’t recall a time where they ever did have dominant phone market share.